72Good value
960 Shorepoint Ct #214
ZIP 94501, Alameda, CA · 94501
$385,000 ~at market (-3%)
1 bd · 1 ba · 798 sqft · $482/sf
HOA $503/mo · 🏢 HOA report → · Floor 2 · 56 days on market · built 1972
⚖️ Adjusted valueUndervaluedasking is 10% under fair value
Model fair value · 30 sold comps · ±7%$420,388
vs model fair value · size · beds/baths · age · HOA · location−8%
Condition · Avg / verify in person0
Price history · ≈20% below its peak−2%
✅ Positives
- Undervalued once condition & history are priced in
- On market 56 days → some leverage
- In-unit W/D
- Garage parking
⚠️ Cons
- Older building (1972)
🚩 Red flags
- Listed BELOW its 2023 sale ($480k) → value eroding
Photos
Price history (this unit)
Trough $91,000 Jul 7, 1997Now $385,000Peak $480,000 Jun 29, 2023
Current list price is 20% below its peak · +323% above its trough.
- Jul 14, 2026 — Price Changed $385,000
- May 28, 2026 — Listed $399,000
- May 21, 2026 — Coming Soon $399,000
- Jun 29, 2023 — Sold (MLS) $480,000
- Jun 29, 2023 — Sold (Public Records) $480,000
- May 26, 2023 — Listed $469,000
Description
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